About your Search

20121201
20121231
SHOW
STATION
KTVU (FOX) 12
KICU 1
LANGUAGE
English 13
Search Results 0 to 12 of about 13
to bankrupt & broken - a look at the rise and fall of circut city. how top techniques used by wealthy americans turn into big deductions on taxes. and, ways companies are tracking smartphones to learn how to advertise to your children. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's tuesday, december 11th.i'm angela miles. in today's headlines... the market is still looking for progress on avoiding the fiscal cliff. president obama and congressmen boehner met at the white house yesterday. stocks inched higher on the news, with the dow and s&p 500 near 5-week highs. selling in apple once again held back the nasdaq. gold was up and oil was down. a two-day fed meeting starts today with the fed most likely talking about stimulating the economy by purchasing more treasury bonds to keep interest rates low. the government is selling its remaining stake in aig... and reports say regulators have a $1.9 billion dollar settlement with hsbc. the bank is accussed of laundering money for drug dealers and terrorist
. the bank is cutting 11,000 jobs, which will save citi $900 million next year. cuts were rumored following former ceo vikram pandit's departure from the bank. citi chairman michael o'neill has been known to cut staff to turn business around. the bank has been trying to rebound after being hit hard during the financial crisis. worldwide, 84 branches will close as a result of the measures. a trader is under arrest, allegedly for attempting to get rich quick by trading shares of apple. according to reports, david miller was trading at rochdale securities. the fbi claims he bought roughly $1 billion in apple stock, unauthoritized, with the brokerage's money, on october 25th. that's the same day apple was set to release earnerings. he thought the stock would rise and he would make profit, but the stock fell, leaving the company with $5 million in losses. many companies are planning on cutting end-of-year bonuses. in a survey, consulting firm towers watson finds that bigger companies are planning on skimping on the end-of-year extra cash for employees. many companies are changing company qualifi
in michigan's capitol city, where legislation is about to be passed that could weaken the power of unions. protestors are furious. republican lawmakers moved quickly last week to enact "right to work legislation," allowing workers at unionized companies not to pay dues to the union, which reduces bargaining power right in the uaw's own back yard. the measure has already been approved by both chambers of michigan's legislature, and final enactment could take place tomorrow. republican governor rick snyder supports the legislation. if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california shipping port are over, but concerns of outsourcing persist. last week, striking workers protested that their jobs were being outsourced. employers denied sending jobs abroad. however, there is evidence that some industries are ramping up outsourcing. consulting firm the hackett group estimates since 2002, 663,000 jobs from large u.s. companies have gone abroad, mainly from industries like information technology, human resources, finance and purchasing. by 20
up about 20 to 25% in major cities. i think folks with low interest rates, once they start to see those stick up with some of the presidential policies in place, we could see a drive for home ownership. > > that's true, because we have seen rates dive below 3% as far as the yield on the 30-year, so that is a falsity right there. but i just want to point out that home prices jumped 5% in september. they were up in 81 cities. largest year-over-year increase since 2006. so the housing market is coming back. now i will say this as a negative for the consumer, though: the consumer is usually wrong. they usually sell when they should be buying and buy when they should be selling. that is just human nature. and this is actually a bullish sign for me, the fact that people haven't jumped back in the housing market. > > i agree there. > > bonus round time: ticker time. name the famous company that trades under the ticker symbol: hog. > > that is harley-davidson. [cheers > > good to have you on the show. thanks for being on. still ahead, it's estimated 250,000 investors are looking to give m
on the northeast corridor. that translates into a 96-minute trip between washington d.c. and new york city. the real-estate broker trick of baking apples with cinnamon to help sell a house may be outdated. simply put, simple scents work best, and apparently that goes for any selling environment. the business school at washington state university found the subtle scent of orange by itself increased sales 20% in stores. but when mixed in a complex blend of basil and green tea, researchers say it becomes a distraction for shoppers, trying to figure it all out. the same goes for lemon, pine and cinnamon. as with many things, keep it simple. coming up, what ski resort operators are doing to get business drifting their way. but first, from cocaine king to a hot dog stand man. bill moller joins us next with that intriguing story. [ game announcer ] touchdown! and here comes the dunk. [ male announcer ] everyone loves to dunk. ♪ [ game announcer ] will he dunk it? yes, he will. [ male announcer ] mcdonald's tender, juicy chicken mcnuggets in creamy ranch and spicy buffalo sauce. just $4.99 for 2
in america, we didn't have to search very far. chicago ranks 3rd in the nation compared to other cities. by state, it's california, michigan, texas, and georgia leading the way with the most completed foreclosures this year. joining us on set this morning is mary jones. she is the executive director agora community services. good morning to you. > > good morning. thank you for having me. > absolutely. we were hoping you could give us a sense of what is happening with people out there who are underwater still with their homes or facing foreclosures. how are they doing? > > they are not doing very well, and it is sad; however, there are opportunities to bring a recovery to those homeowners. one of them is the independent foreclosure review. that is a process where the federal reserve board has determined that between january 2009 and december 31st, 2010, there were foreclosures that should never have even happened. so, our job, or the dilemma that we are having, is getting the word out to those homeowners that may have left their homes and still are struggling, but they have an opportunit
with its website. on the ipo watch, solar power company solar city had a sunny first day of trading. after cutting its ipo price to $8, shares traded near $11.15 before closing up 47% at $11.79. pbf energy also had a good first day on the market. shares of the refinery company rose 1% following an ipo price of $26 a share. shares yesterday closed at $26.25. hundreds of cars damaged by superstorm sandy are on the way to crushers. others may wind up on used car lots. while it's not illegal to buy or sell flood-damaged vehicles, it is if the buyer is unaware. the national insurance crime bureau is trying to avoid the repeat of flooded cars on the market that followed hurricane katrina. "we've seen it in every water event in the past, so its very likely that some will make it back out into the commerce stream. even if it's one case, it's one too many. " frank scafidi of the national insurance crime bureau says its worth a vin check at nicb.org or have a mechanic look the car over before you buy. other clues to flood damage: mud or water trapped in the spare tire, condensation under the light
drivers need to watch out for. >>> eight people including 3 firefighters are taking tone redwood city, what happened where they found hazardous materials. >>> and in newtown connecticut, we will have a live report as the community continues to mourn. >>> good morning everybody, it is tuesday december 18l1thl0, i am brian flores. >> they cleared out yesterday afternoon. >>
this morning about that phone call that prompted a big scare at the san jose city college campus. it's all ahead. >>> good morning. thank you for joinin
in salt lake city utah according to reports. the bags are made with a kevlar type material. several other companies sell similar backpacks. the companies however are being accused of attempting to cash in on tragedy. the backpack sell for around $300. despite a disappointing earnings report -- fed ex is expecting a record holiday season. this week's earnings from fed ex revealed profits were down in the 4th quarter. superstorm sandy played a role. however -- fed ex cites "persistant weakness" in the global economy -- as the main drag on profits, which fell 11.9 percent from last year. the beacon of hope for fed ex appears to be this holiday season. the company's ceo says online shopping is providing the opportunity for a record year. lawmakers are heading into crunch time on averting the fiscal cliff. yesterday, president obama said he wants a deal done by christmas. he also accused republicans of finding ways to say "no"... as opposed to ways to say "yes"-- to try to best him, rather than doing what's best for the country. today, the house is set to vote on a fallback tax plan-- known
, and in washington state, $9.19. "anything under $10 an hour is obscene. it's not enough to live in any city in the u.s." there's now a push to raise the federal minimum wage. "the minimum wage needs to be raised. it hasn't been raised in some time. we should consider indexing it to inflation." in 2004, voters in florida approved indexing the minimum wage to the cost of living. colorado voters did the same thing two years later. they are among ten states where that connection is made and where wages go up january first. in florida, the 12-cent increase, to $7.79 an hour, will benefit 210,000 workers. it'll add $370 to their annual wages and $46.2 million to florida's gdp. still, not enough, according to some. "people who work 40 hours a week need a $10-an-hour minimum wage. this is from a retailer. retail wages stink." "we see people work three jobs just to make ends meet. that's not fair." in late november, president obama met with small business owners for their input about the fiscal cliff, and the minimum wage was mentioned. "i think the administration is interested in doing something, but it als
in the southern city of kochin represents the booming economy. and with growth projections here as high as 7% for the year, the expanding indian market for goal could push prices past $2500 an ounce. "buy it, keep it, buy 24-carat gold, put it in a locker, and when you need money, turn around and sell it and make good money on it." > > and come to umreth to do it. "yes, come to my shop!" reporting from india, paul eggers, first business news. the indian government tightly regulates the gold market by testing jewelery for quality. chokesee believes this is a positive, because it helps protect customers from low- quality pieces. an overwhelming number of parents in the u.s. believe their children are growing up without learning valuable life skills such as how to manage their money. as many as 7 out of 10 parents expect these lessons to be taught in public school. nathaniel and stacey didomenico's young daughter, arianna, is more ahead of the game than she realizes. "we've already started with our daughter. there are things she wants at the store and we explain that it costs money, we have to
time last year. new york and chicago were the only cities where prices took a drop from last year. however, markets that had been struggling to regain strength are now showing signs of life, including phoenix, where prices are up for the 13th straight month. that relative strength in home prices and continued low interest rates may bring more home buyers back into real estate in 2013. but even with sales of new and existing homes showing a spike, don't expect a big housing boom like the one we saw just a few years ago. maurizio fiori is hoping to buy a home in 2013. he's looking to move his growing family out of their chicago apartment and into their very own home. 'i've been scouring the internet, and talking to agents and mls and all the sites almost daily.' a former trader, fiori holds stakes in a diversified portfolio of successful small businesses, including a wine importing company and a craft brewer. in 2006, before the worst of the financial crisis hit, many banks would have been bending over backwards to lend him lots of money at exotic terms. today, even though he's will
Search Results 0 to 12 of about 13